EVR Holdings PLC MelodyVR sign agreement with Warner/Chappell Music (4625F)
February 21 2018 - 2:00AM
UK Regulatory
TIDMEVRH
RNS Number : 4625F
EVR Holdings PLC
21 February 2018
21 February 2018
The information contained within this announcement is deemed by
the Company to constitute inside information stipulated under the
Market Abuse Regulation (EU) No. 596/2014. Upon the publication of
this announcement via the Regulatory Information Service, this
inside information is now considered to be in the public
domain.
EVR Holdings plc
('EVR' or the 'Company')
MelodyVR signs agreement with Warner/Chappell Music
EVR Holdings plc (AIM: EVRH), the leading creator of virtual
reality music content, is pleased to announce that its subsidiary
MelodyVR Ltd ('MelodyVR') has entered into a multi-year agreement
with Warner/Chappell Music. The deal licenses the VR distribution
of Warner/Chappell songwriters' music and enhances MelodyVR's
capabilities to use an extensive library of original content,
throughout numerous European territories.
Warner/Chappell Music is home to a wide array of legendary
songwriters and a rich catalog of contemporary hits and influential
standards. With a history dating back more than 200 years,
Warner/Chappell currently publishes and administers music from
songwriters such as Steve Aoki, Beyoncé, Blur, Eric Clapton, Gamble
& Huff, Green Day, JAY Z, John Williams, Kendrick Lamar, Led
Zeppelin, Little Big Town, Madonna, George Michael, Julia Michaels,
Lin Manuel Miranda, Katy Perry, Radiohead, Rihanna, Roc Nation,
Stephen Sondheim, Chris Stapleton, Rod Temperton, Justin Tranter,
twenty one pilots and Pharrell Williams, among many others.
Eric Mackay, EVP, Global Digital Strategy, Warner/Chappell,
said: "At Warner/Chappell, we're always exploring new technology
and looking for new opportunities for our songwriters and their
music. Virtual reality is one of the most exciting new areas for us
and I'm delighted that we're partnering with such a pioneering
company. We'll be working closely with MelodyVR to help open up a
new market that will deliver additional revenue for our
songwriters."
Anthony Matchett, Executive Chairman of EVR Holdings, said: "I'm
very pleased to announce our agreement with Warner/Chappell.
Publishers and songwriters are vital to the music ecosystem and
Warner/Chappell is one of the most well-known and long-established
companies with an amazing reputation in the creative community.
This deal which covers music from many of the world's top
songwriters, is key to the success of our platform, and we're
incredibly proud to have entered into a long-term partnership. With
the launch of the MelodyVR platform approaching, we intend to enter
even more publishing agreements, that in-turn, lay the foundations
for both content exploitation on a global basis and our future
success."
- Ends -
For further information please contact:
EVR Holdings plc
Anthony Matchett, Executive
Chairman & CEO
Sebastian Theron, Chief www.evrholdings.com
Financial Officer
Zeus Capital Limited (Nominated Adviser
and Broker)
Andrew Jones / Giles Balleny (Corporate Tel: +44 (0) 203 829
Finance) 5000
John Goold / Benjamin Robertson (Sales & www.zeuscapital.co.uk
Broking)
Notes to Editors:
MelodyVR is a wholly owned subsidiary of EVR Holdings plc
('EVR'), a company that is listed on the AIM market of the London
Stock Exchange under the ticker EVRH.L. EVR, a creator of virtual
reality content, joined AIM on 16 May 2016 following a reverse
takeover of Armstrong Ventures plc. Further information can be
viewed at www.evrholdings.com and www.melodyvr.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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